Jared Kushner paid almost no income taxes

[thecoalman]

Originally Posted by Ringo1

The middle class has been paying taxes for the extremely wealthy for years.

The top 1 percent pays 40% of the tax revenue, the top 5 percent pays 60%, the top 10 percent pays 70% and the top 20 percent pays 86%....

https://taxfoundation.org/summary-fe...tax-data-2017/


In 2015, the top 1 percent of taxpayers accounted for more income taxes paid than the bottom 90 percent combined. The top 1 percent of taxpayers paid $568 billion, or 39.04 percent of all income taxes, while the bottom 90 percent paid $428 billion, or 29.41 percent of all income taxes.

[Quick Enough]

Originally Posted by Leo58

https://www.nytimes.com/2018/10/13/b...ner-taxes.html

"..for several years running, Mr. Kushner — President Trump’s son-in-law and a senior White House adviser — appears to have paid almost no federal income taxes" despite reporting income of $1.7 million and estimated net worth of $324 million.

The article doesn't accuse Kushner of breaking any laws, but come on, this is just not right! It highlights the fact that the wealthy in this country benefit from enormous tax advantages that the rest of us don't have recourse to. Republicans have only made this inequity worse. Trump, who campaigned on a populist message, has pushed through tax changes that further enrich himself and his family. This comes on top of the news that Trump fraudulently received hundreds of millions from his father.

https://www.nytimes.com/interactive/...red-trump.html

Trump fans, how do you feel about this? Where is the outrage over the wealthy taking a free ride courtesy of the average taxpayer?

"to have paid almost no federal income taxes" despite reporting income of $1.7 million and estimated net worth of $324 million."


Just MORE "APPEARS"


The article doesn't accuse Kushner of breaking any laws,"

"the fact that the wealthy in this country benefit from enormous tax advantages"


Do YOU "take advantage of ANY tax laws, like child deductions, mortgage deductions, etc.?


Instead of WHINING about Kushner, why don't you go after the dems who probably PASSED all these "advantages" you don't like?


Thread FAIL!

[Quick Enough]

Originally Posted by Leo58

If you read my post, you would see that I stated Kushner did not break any laws. I am not angry at Jared, or even Donald about this. I am angry about our tax code that allows multi-millionaires to escape taxation.

A few years back, the Simpson Bowles commission recommended that we reform our tax system. The recommendation was to lower tax rates, while closing loopholes, in order to make the tax code simpler and fairer in a revenue-neutral fashion. Instead, the republicans have reduced the tax rates while maintaining, or even enhancing, the loopholes for the rich. Ultimately this will cost the average taxpayer more as the deficit explodes.

"I am not angry at Jared, or even Donald about this" BUT, somehow failed to mention ANY DEMS who do the same thing.


I wonder why? Hmm!